Drivers looking for a Cologne car insurance review will be surprised to discover that the Company formerly known as Cologne Reinsurance and now Gen Re was never in the business of providing car insurance to begin with. In fact, online searches don’t reveal any provider by the name of Cologne Car Insurance or Cologne Insurance. Therefore, this review will detail information on Gen Re, formerly know as Cologne Reinsurance.

What is a Reinsurance Company and who is Gen Re?

Reinsurance companies provide insurance to other insurance companies. Seriously. Risk management is a huge industry and no one needs that coverage more than insurance providers. In 2010, German based Cologne Re changed the company name to General Reinsurance AG and goes by the moniker Gen Re.

Cologne Re, now Gen Re, is a holding company for global reinsurance. This Berkshire Hathaway subsidiary has 45 locations and over 1900 employees nationwide. This is a financially secure company that has received positive ratings from independent ratings companies. They get a superior A++ rating from A.M.Best, an AA+ from Standard & Poor’s for claims paying ability, and Moody’s gives them a financial strength rating of Aa1.Gen Re has a global reach as it insures companies in North America, Australia, China, France, Germany, and the UK.

While Cologne Re or Gen Re gets a good insurance review, that’s not much help to anyone seeking private car insurance. Try using an independent rate quote tool like the one on this page. Then take the actual companies that offer you policies, and look for car insurance reviews on those providers.

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